Housing Wire

FEBRUARY 21, 2024

“This collaboration reflects our dedication to equipping NAR members with innovative solutions that cater to the evolving needs of their clients, ensuring a smooth experience for sellers and buyers alike,” said Rhonny Barragan, NAR vice president of strategic alliances in an announcement of the deal.

Home Improvement 410

Home Improvement Realtors Real Estate Agent Inspection 410

Housing Wire

NOVEMBER 30, 2021

real estate?market The year 2019 taught us that any natural or economic force can wildly shift expectations into the stratosphere. business as a real?estate?professional. Finding out that Chicago’s real estate market could still skyrocket a double-digit percentage?is Guiding your clients to a price?that

Real Estate 441

Real Estate Agents Real Estate Agent Business 441

Housing Wire

MARCH 28, 2024

Originally filed in March 2019, the Moehrl lawsuit alleges that real estate industry participants including HomeServices, the National Association of Realtors (NAR), Anywhere , RE/MAX and Keller Williams conspired to artificially inflate real estate agent commissions.

Real Estate Agent 430

Real Estate Agent Realtors Real Estate Sellers 430

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Real estate team profitability is stunning.

Real Estate 384

Real Estate Brokerage Agents Advertising 384

Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com.

Brokerage 420

Brokerage Real Estate Realtors Real Estate Agent 420

Housing Wire

APRIL 12, 2023

Olufolajimi Abegunde, a Nigerian citizen living in Atlanta, and Javier Luis Ramos-Alonso, a Mexican citizen living in Seaside, California, were each convicted in 2019 in federal court in Tennessee of participating in a sophisticated international email-hacking scheme that bilked its targets out of hundreds of thousands of dollars.

Real Estate 384

Real Estate Government Technology Real Estate Agent 384

Housing Wire

MAY 1, 2024

The duo will be part of the Your Nashville Agent team under the leadership of Aaron Joyce. In 2022, the team completed more than $60 million in real estate transactions, ranking them among the top 15 medium-sized agent teams by sides in Tennessee, according to RealTrends.

Real Estate 421

Real Estate Brokerage Agents Clients 421

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. They noted that in the Houston metro area, between 1997 and 2019, 2.58 of them including an offer to pay 3% of the sales price to the buyer’s agent.

Agents 431

Agents Legal Real Estate Agent Buyers 431

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process.

Real Estate Agent 87

Real Estate Agent Real Estate Buyers Agents 87

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

Finance 441

Finance Investing Real Estate Agent Real Estate 441

McKissock

MAY 11, 2021

Hopefully, as a successful real estate agent, your income will continue to increase throughout your career. That’s certainly the case for 65% of the real estate agents we surveyed who reported a rise in their earnings from 2018 to 2019. How a successful real estate agent earns more.

Real Estate Agent 57

Real Estate Agent Real Estate Business Agents 57

Housing Wire

DECEMBER 30, 2020

The program, which first launched in October 2019 , already offers features including RealSure Sell, which gives home sellers the certainty of a cash offer while they work with an agent to bring a better offer. Luxury real estate brand Engel & Völkers launched MaX earlier this month.

Real Estate 307

Real Estate Sellers Real Estate Agent Agents 307

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home sales process forever – from home search to lead management solutions, and remote closing to transaction management software.

Real Estate Agent 397

Real Estate Agent Real Estate Retail Technology 397

Housing Wire

SEPTEMBER 11, 2020

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. Just this week, NAR reported that a real estate agent in Draper, Utah, was showing what she thought was a vacant house for sale to a potential buyer.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. That just shows you how impactful the cost of insurance is in the real estate market.”

Real Estate Agent 458

Real Estate Agent Insurance Real Estate Agents 458

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S.

Realtors 450

Realtors Sellers Buyers Real Estate 450

Housing Wire

JANUARY 27, 2021

Technology has rapidly changed the process for listing and buying homes, and the general public is taking note and adjusting their expectations of what a real estate broker should be. The public is demanding a broker that offers the same cost savings and efficiencies in the real estate market that they receive everywhere else.

Real Estate 332

Real Estate Agents Brokerage Sellers 332

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Burnett: After being founded in 2017, we made our first investments in 2018 and 2019. Based on the notion that far too many U.S.

Investing 431

Investing Real Estate Agent Marketing Real Estate 431

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. At the close of 2019, the National Association of Realtors had 1.4 million members.

Agents 384

Agents Real Estate Agent Real Estate Clients 384

Housing Wire

DECEMBER 20, 2023

had no involvement in the issuance and or enforcement of NAR rules and that it did not impose those rules, including the Cooperative Compensation Rule, upon its franchisee brokerages or their affiliated independent contractor agents,” attorneys for Keller Williams wrote in the motion that both NAR and HomeServices joined.

Real Estate 420

Real Estate Sellers Realtors Brokerage 420

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. Other smaller lenders, including real estate tech startup Reali and Sprout Mortgage , shuttered, while First Guaranty Mortgage Corp filed for Chapter 11 bankruptcy. over asking price. High octane stuff. Or will soon.

Housing Market 527

Housing Market Marketing Real Estate Agent Real Estate 527

Housing Wire

MAY 28, 2021

” How real estate agents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. But until then, the housing market will remain red-hot.” Presented by: Move Sales.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? One of the first questions new Realtors have for me is always 'how much money will I make in my first year?'

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

AUGUST 25, 2021

With four other real estate tech acquisitions in the last year, Lone Wolf Technologies recently added Boston Logic-owned Propertybase to its tech toolbox. “This acquisition brings these leading products together and puts our combined team in position to deliver the ultimate unified technology platform for the real estate world.”.

Brokerage 384

Brokerage Real Estate Technology Tools 384

Housing Wire

OCTOBER 18, 2023

In the video, Ketchmark showed Keller footage from a KW Family Reunion event where Keller showed a slide showing the average commissions KW agents had earned between 2002 and 2019, to which Keller responded: “We didn’t talk about commissions. In the script the agent responds: “Let me explain what happens when you reduce a commission.

Agents 432

Agents Training Real Estate Real Estate Agent 432

Housing Wire

NOVEMBER 7, 2023

Moving forward, we will continue to be opportunistic in our approach to adding to our agent base via selective M&As,” Hart said during the earnings call. Compass agents are more likely to work in upper-echelon markets where buyers and sellers would work with agents, he said. Revenue decreased by 10% year over year to $1.34

Agents 409

Agents Real Estate Agent Realtors Brokerage 409

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 412

Agents Brokerage Real Estate Tools 412

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages.

Legal 397

Legal Brokerage Real Estate Modernization 397

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. 4, 2019 and the present. More home sellers on the East Coast are getting in on the commission lawsuit action.

Realty 432

Realty Realtors Brokerage Real Estate 432

Housing Wire

JANUARY 13, 2022

When Missouri federal judge Stephen Bough unsealed a sworn declaration last week from Coldwell Banker CEO Ryan Gorman in a sprawling antitrust lawsuit about real estate commissions, it prompted disquiet among real estate agents, including those who work at Gorman’s company. “My

Brokerage 397

Brokerage Real Estate Agents Real Estate Agent 397

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap.

Housing Market 534

Housing Market Buyers Marketing Real Estate Agent 534

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 384

Real Estate Brokerage Real Estate Agent Technology 384

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

The real estate market has been on a crazy ride for the past few years. I was diving into the PropTech industry and learning about the verticals and then in January 2019, the app was launched. Hello everyone! I hope you all have been doing good and hanging in there. You may be wondering where in the world I’ve been.

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

APRIL 26, 2021

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The Zillow suit was settled in 2019, and the Realogy lawsuit is still pending.

Agents 384

Agents Brokerage Real Estate Agent Realtors 384

Housing Wire

MARCH 22, 2021

The Insurance Commissioner for the state of Washington apparently concluded that Modus offered real estate agents and their clients a “thing of value,” such as free home warranties, other closing-related services, in exchange for switching their escrow and title services to Modus. In all, Compass has lost $1.1

Insurance 432

Insurance Real Estate Agent Brokerage Real Estate 432

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. months less than what it was in 2019. I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

FEBRUARY 25, 2021

Rocket managed to produce a gain-on-sale margin of 4.41% in the fourth quarter, which was up 100 basis points from the fourth quarter in 2019 but a decline of 11 basis points from the third quarter. Notably, Rocket Companies disclosed that its platform generated 153 million unique visitors in 2020, a 61% increase from 2019.

Mortgage 432

Mortgage Real Estate Agent Technology Real Estate 432